Arizona Real Estate License Practice Exam 2025 - Free Real Estate Practice Questions and Study Guide

Question: 1 / 1505

At what point is the buyer officially recognized as the new owner of the property?

Upon signing the sales contract

At closing

After recording the deed

The buyer is officially recognized as the new owner of the property after the deed is recorded with the county recorder's office. Recording the deed serves as a public notice of the new ownership and protects the buyer's rights in the property. This step is critical as it establishes the buyer’s legal claim and tenure to the property against any future claims.

While signing the sales contract and closing may signify an agreement and a transfer of possession, respectively, they do not confer ownership until the deed is recorded. Similarly, closing escrow typically involves the completion of various tasks and financial transactions, but the actual legal recognition of ownership occurs only with the recording process. Therefore, it is the act of recording the deed that solidifies the buyer's status as the new owner in the eyes of the law.

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When escrow is closed

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